About your Search

20121001
20121031
STATION
CNBC 22
LANGUAGE
English 22
Search Results 0 to 21 of about 22 (some duplicates have been removed)
and their makers and find out which company has the upper hand and ceo doug oberhelman, its eight a big morning you can't afford to miss. >>> tech earnings take center stage, a quick look at the futures setting up the week the dow would open up 20 points higher, nasdaq as well as the s&p 500, including a down day on friday but ended up relatively flat for the week. here are your morning headlines. the average price for a gallon of regular gasoline in the u.s. fell more than eight cents in the past two weeks, average price $3.75 per gallon. the news is welcomed after a month-long period when gas prices averaged around $3.83 per gallon, the highest prices for gasoline was october 19th survey in san francisco by the way at $4.50 a gallon. japan's exports tumbled by 10.3% in the year to september, that's the sharpest decline since the aftermath of last year's earthquake. meantime, bank of japan is cutting its outlook for local regional economies due to a fight with china and weak global demand. bp has yet to reach an agreement on the sale of the 50% stake in russian venture tnk. they are preparing to a
-ching. doug in new york, doug? >> caller: jim, big buffalo boo-yah too ya, sir. >> what's going on? i got fitzpatrick. what's going on? >> my stock, it flat lined about a year since i owned it. i really don't know what to do with the stock. do i sell? >> i was talking to the fabulous kelly evans this morning on "squawk on the street" and i said corning can't get it right. they've got the gorilla glass, the greatest technology in the world, they look good in the steve jobs book, and i've got to tell you something, no, no, corning, too hard to own. i'm taking another call. i'm going to jason in maryland. jason? >> caller: boo-yah from baltimore, jim. >> oh, man. ravens country, what's up? >> caller: question is on regions financial, the stock got hammered. is the stock, has it bottomed, will it start to rebound and will it get anywhere close to the $8 target that it's tagged at? >> you know, raymond james cut that target today. i don't like regions financial, i like huntington bank shares and even better than that actionalertsplus.com, my charitable trust, stephanie link and i for the trust
of springer financial advisers and brian piscarowski and doug, thank you for joining us. how did the markets handle the first day back after that two-day shutdown from your standpoint? >> well we had a compressed three days into one, did a fine job. there wasn't much going on. i think investors are being neutral going into the election. we had a little bit of a pullback i feel because it's factoring in a romney victory, he said he would get rid of the stimulus, which would not be all the best news for this market, which i think is stimulus addicted. we got the fiscal cliff it's dealing with. for the most part it handled it really well. i'm expecting a good rally after the election after a tough october i would think we'll rally to new highs after the election, but with that earnings, investors have to be careful here and like what we're doing for our clients you need to pare back risk at that point, being wary of what the market will do next which is probably not pretty. >> happy you have your san francisco giants gear on. >> that's right. >> world series parade today, some happy times in th
to invest in america. after the selloff it's all about opportunities. cramer's mad dash up next. and doug lebda, we'll get his take on the housing industry. te numbers... ...and listening to your instinct duff & phelps finds the sweet spot that powers sound decisions. duff & phelps financial advisory and investment banking services. you have to dig a little. fidelity's etf market tracker shows you the big picture on how different asset classes are performing, and it lets you go in for a closer look at areas within a class or sector that may be bucking a larger trend. i'm stephen hett of fidelity investments. the etf market tracker is one more innovative reason serious investors are choosing fidelity. get 200 free trades today and explore your next investing idea. [ male announcer ] research suggests cell health plays a key role throughout our lives. one a day men's 50+ is a complete multi-vitamin designed for men's health concerns as we age. it has more of 7 antioxidants to support cell health. one a day men's 50+. between black and white answers... ...and 1,000 shades of grey duff & phel
,000 jobs today and they have one-tenth the size population. >> wow. doug, weigh in on the jobs numbers and what it means when it comes to investing in this market. >> the answers on the panel so far is why the market keeps going higher. everybody sees the clouds on the horizon. we all know what's wrong with europe. we all know the economy isn't recovering as fast as it could. in the end, you're getting paid 1,000 basis points in equity risk premiums. that's what you make over the risk-free rate to invest in stocks. i think in the end investors look at bonds and cash and say, what are they going to do for me and my retirement? they're not going to do anything. stocks are the only thing that can deliver those kind of returns. i think in the end the market grinds higher. in the end, there's way too many people who see all the clouds on the horizon and reasons for not investing. i think in the end the market hurts the most people the most often, and most of them are on the sideline. >> that's what we've seen throughout the year. all the skeptics who insist the fundamental don't match what
? your ford dealer. >>> earnings alert. we'll dig through the goldman sachs report with doug sipka. >> and "squawk" is going back to school. >> who's with me? come on! >> we'll continue our endowment series with the chief investment officer of northwestern university's endowment fund. plus breaking economic data. the latest read on inflation, consumer price index numbers due out at 8:30 eastern time. the third hour of "squawk box" begins right now. ♪ >>> welcome back to "squawk box." i'm joe kernen along with becky quick. stop whistling. >> i'm not whistling. it wasn't me until you said it. >> guest is david walker, founder and ceo of the comeback america initiative. david handing out money today, passing it out. we usually don't, guests do not have to pay to come on. lot of people accuse us of that. something is wrong with that picture. that's andrew jackson on a $10 billion. it's not a $10, it's $10 million. it's what our entitlement, unfunded liabilities are growing at $10 million a minute. >> total liabilities and unfunded promise grow by $10 million a minute, $100 billion a
with nick in idaho. nick. >> caller: jim, big booyah from the boise state broncos. how are you? >> doug martyn booyah back at you. >> reporter: what >> caller: pitney bowes for a long term? >> when i see the dividend so high, i want to know if they can pay it, i want to say don't buy. >>> doreen in florida. >> caller: dance, mr. booyah, cramer, i love you. >> stock to you, booyah, cramer, just so you know. >> i am on the rivera of florida, and i have called for ten years and never got you, now i have you. >> that's disgraceful. >> caller: i want to tell you that for ten years, you gave me that stock and it hasn't done anything, what should i do? >> to be fair, intel was doubling, doubling again, i was behind it. i have since walked about. why? it has no product portfolio being used by mobile to speak of, other than their own and that is not selling well. stuck in the world of pc so even though they got a good yield, i'm going to say don't buy. >>> lee roy in minnesota. >> caller: should i buy a stock from good year tire, symbol gt? >> they reported the quarter, and, again, it wasn't goo
. >> caller: jim, big booyah from the boise state broncos. how are you? >> doug martin booyah back at you. >> caller: pitney bowes for a long term? >> when i see the dividend so high, i want to know if they can pay it, i want to say don't buy. >>> doreen in florida. >> caller: yes, mr. booyah, cramer, i love you. >> dr. booyah cramer, just so you know. >> i am on the rivera of florida, and i have called for ten years and never got you, now i have you. >> that's disgraceful. >> caller: i want to tell you that for ten years, you gave me that stock and it hasn't done anything, what should i do? >> to be fair, intel was doubling, doubling again, i was behind it. i have since walked away. why? it has no product portfolio being used by mobile to speak of, other than their own and that is not selling well. stuck in the world of pc so even though they got a good yield, i'm going to say don't buy. >>> leroy in minnesota. >> caller: should i buy a stock from goodyear tire, symbol gt? >> they reported the quarter, and, again, it wasn't good. this was maybe the 432nd straight -- just a number of quar
. >> reporter: as cfo with a huge bank with six major divisions, no one holds doug braunstein personally responsely for the london whale debacle but he's one of a series of retiring executives in the wake of that crisis. he took the cfo post in 2010. he was increasingly worn down by the demands of the job, i am told, including whole whale situation which threw everybody in a tailspin starting in may. like many former investment bankers, alan schwartz formerly of bear stearns comes to mind. braunstein played a key role in helping jpmorgan secure a role in united health's $5 billion acquisition of the brazilian health care provider just this week, just as he's crunching for earnings on friday. braunstein may stick around for another couple of quarters while he figures out whether to stay, go, return to banking, but in the meantime there is no obvious successor. matt zanes while clearly qualified might regard the cfo position at least if it were stand-alone as a demotion considering that right now he oversees braunstein which was part of the transition they made a couple of months ago. othe
pisani, to doug kass who of course is putting money to work in this market on the short side. in particular. and i asked him that question. when are fundamentals going to matter again? he said when the stock market doesn't work anymore. that's when they will matter. when people feel that it's just not working. that even though they are putting money to work in the market, the market is not responding. when that happens, we don't know, but at some point fundamentals matter. >> yeah, well ult mattly they still do matter. i agree the markets have been distorted by qe, marie wra. on the earnings, nick has it right. earnings has been slowing down but have been spectacular in the last two years. 2010, earnings of the s&p were up 38%. 2011, 16%. of course they're going to come down. the low-term average growth i think is 7%. if we get growth this year, it's not like the last few years but it's still growth. we probably get something similar next year as well. the question is, is qe 3 the earnings trough? can you talk to that, guys? nick, can you address that issue? i'm a little bit
of that. >> doug holtz-eakin, if you were mitt romney works you make benghazi something of an issue tonight? i don't mean filibustering and going through anything but as a matter of leadership, you have economic leadership, fiscal leadership, america losing its credit rating leadership, now you have the benghazi thing. does romney do it tonight? >> i think it can come up but it can't come up as a gratuitous topic out of nowhere. the president offered the promise of a more transparent administration as one of the things he ran on. this didn't look terribly transparent. it falls on the heels of other non-transparent -- >> you're saying whatever happens tonight the issue goes on and the president's got to deal with in. >> yeah. this is a national security issue that has to be dealt with, regardless of who is president. >> now, debate coverage continues at 8:00 and goes right through till the end. keith boykin is going to be back joining the expert analysis crew after the debate, oh, my goodness, tonight's debate between president obama and mitt romney could help some decide who they're
, and the basic tag line of the ad is let's finish what we started. now, i have heard smart guys like doug schohn and stan greenberg say for months and months that is not good. you got to try a new tack, but that's still what they are doing. do you think finish what they started is their message? is that a reason to re-elect barack obama? >> the last incumbent president re-elected during a somewhat challenging time george w. bush had had a motto the whole campaign, steady leadership in times of change. i do think that the american public can distinguish between a bad situation that has a lot of historical roots and what they are trying to do, and whether you're talking about detroit or you're talking about the jobs numbers or you're talking about signs of hope or talking about a stock market that is roaring back, that doesn't fix the problems. >> a ri -- >> just to finish larry's question, i agree with your point, by the way, that the real long-term unemployment numbers are worse and that hurts people out there, but i do think people can make that distinction. >> hang on, hang on. >> i've got to
and will continue and we heard that from doug this morning, the ceo of caterpillar. it helped that stock. i'll get to that in a moment. we were down 110 points midday and then we started a comeback of sorts late in the day. but we did and we are now below or have been below 50-day moving average. one-year chart of the dow here. i want to see this carefully here. it's not that precise. what we might be doing is moving below the 50-day moving average and then testing it again to the upside. we'll watch that over the next day or so very carefully. the best performing dow component today was caterpillar. they set the negative tone this morning with the warning and here it is up 1.4% on the day. ge was the worst performer among dow components with the soft earnings on friday. it was down sharply that day and down 1.46% today. the dow is positive for the day. despite that, here's something we haven't talked about in a while. the fare indicator rising again. the vix up for the first time since mid june. we'll watch that carefully. still far away from the 20-point yellow flag area. sectors today, when las
agree with caterpillar ceo that it's rhetoric around china? >> well, doug is a great partner of ours and we work together very closely. i do agree with what he says. this opportunity that our country and the opportunity has to benefit from global growth and it's being led by china now is critically important. i understand the need to deal with china so that free trade is also fair trade but i think it's really important that we find ways to work together to deal with the issues that we're facing. >> what do you think in terms of the economics? the landscape right now. i know this has been an engine of growth for your business and engine of growth for the world. we know there's a slowdown. what do you see on the ground from business today? >> there's a slowdown. chinese government took steps last year to reign in inflation and that appears to be having the desired effect. china continues to consume copper in infrastructure projects and they're taking steps to stimulate their economy and we're successful in replacing our copper concentrates and other products into china and we're very
of dollars related to bear stearns. and doug braunstein will address his own resignation forthcoming. a successor has yet to be named. that's what's on on tap for jpmorgan. we' send it back to you in london. >> let's get more from larry mcdonald. all the focus will be on jpmorgan. what do you think the market's expectation is here? >> the financials are dramatically outperforming. so a lot's been baked in the cake and you're right, the net interest margin side as well as the outlook for the fiscal cliff, those are the big negatives. and it's very telling that in the last 48 hour, you had jamie dimon and mr. blankfein very public about the impact of the fiscal cliff and i think that's what really holds all the cards. >> so think they're on a pr mission here to educate people or draw attention to this issue because they're worried about the impact it will have on their business. >> absolutely. they're brilliant men and it for jamie dimon to mention a war room and for mr. blankfein to host that event and articulating -- the convexity is phenomenal. if they were to work out a deal and so
don't care anymore. if you want to own it for investment you can do it. this is controversial, doug cass saying this is wrong, i remain convinced when we see the apple iphone numbers we will be impressed, not depressed. >> so own it before the quarter. >> speculation about an ipod mini going out as early as this weekend. it has lagged the s&p by 600 basis points since august. >> that's a tremendous disparity, when you say look, i believe in the future of some of these. one of the things doug cass was saying, who doesn't know it's cheap? the answer is many, because you have $630. [ bell ringing ] unfortunately for a lot of people who don't do the math that's a $63 stock that sells at ten times earnings. general dynamics, i think that apple's market is more robust than general dynamics. >> opening bell, nature foods celebrating at the nasdaq, cunb celebrating its listing day. >> robust, the food market that is natural foods has remained healthy week on cnbc, you and i, and sur prized how robust the healthy food business is in the world, conagra saying the healthy choice business reall
details. >> thanks, andrew. doug bronstein, cfo for two years, he came in 2010 is stepping down from the cfo role. he will stay with the bank, one action is to go to investment banking role. previously he had run their investment barvnking practice. lot of people think of him as an m&a guy. he's the latest to be associated with the wales situation. last week we learned about the retirement of barry zubrow, he had gone to a more senior role in recent years, another who had oversight and living and the cio, ina drew, resigned in the immediate aftermath of the $5.8 billion loss. you see a situation where jamie dimon has survived, been apologetic, up front "it was the dumbest thing i was ever associated with" et cetera, et cetera and gently having these people resign or move into different roles. it's almost, and tell me if you agree, a goldman sachs style way of dealing with things. obviously if someone has a huge blunder on their exact job they gotta go. other than that it's a slow and gradual and very civil kind of peeling off. >> he's not throwing people off the plank immediately. i
is that they'll continue to manage things cautiously. >> doug freedman is an analyst with rbc capital markets, downgraded intel to market perform from outperform a month ago. that was a $24 price target. good to see you. welcome. >> thanks. good to be here. >> you say the report is not likely to alter sentiment on the stock. is that because everybody is so down on it? >> yes. i would agree with that. really, there's two things in play here. demand side is just not working. and on the internal side, management has to take action toes bring leverage back to the business model. >> what is the solution, if any? are we just in some sort of structure ka none dumb as we watch tablets take over? >> that absolutely is part of the problem. there's the problem that intel's growth expectation, they were targeting 60 billion in revenue these year. we're going toned somewhere at 54 billion. so we're seeing the fact that they let their installed base get a little too big. >> i know we're down and some people anticipated that would not be the case. is that becoming more of a problem than perhaps investors re
for. one, does the president show the want to, the energy that doug wilder was talking about. two does he more fec livety take on mitt romney and the centrist tone he was striking in the last debate. finally, does he do better at laying out a concrete vision for a second term. democrats want him to do all three. >> larry kudlow the debate in about a minute and a ahalf. >> i think john is right. i think the fulcrum of this debate will be about economic growth and jobs but i think the benghazi thing, with hillary saying it's my responsibility, the night before the debate, i think that puts it right into barack obama's lap. i think this is a great clinton power play, very clever on the clinton's part and now the president's going to have that ball and he better not fumble it. >> governor romney is going to be pushing this. >> he's going to go right for it. you know he's going right for it. keith is right about the economy, but people are very upset about an ambassador getting killed. >> we take you to hofstra university, a town hall with about 80 voters chosen by gallup uncommitted regist
're turning to home depot. on the "squawk" newsline is the hurricane command center captain. doug, with he appreciate you coming on the line with us this morning. tell us about the weekend going into this in terms of your plans and what your expectation is on the other side of the storm. >> absolutely. we've been in planning mode since early last week. command center opened on friday and then the team was here throughout the weekend. >> what does that mean exactly? >> a multifaceted storm. huge in size as you have been reporting. so we're covering everything angle of the storm. >> what does that mean exactly? terms of product that you're getting out to stores, people that you're going to have on hand. >> two distinct phases. pre-storm. it's the plywood they need to board up with. flashlights, batteries, water, all of the things you typically want in advance of the storm. we've been planning all of the post needs. cleanup, roofing supplies, tarps, generators, more batteries, more flashlights. those things are all in preparation as well. >> i don't know if this will sound like an indelicate
Search Results 0 to 21 of about 22 (some duplicates have been removed)